By-Kamin

Posts Tagged ‘Reference’

Twenty two years ago, I became restless. I suffered from a deep-seated dissatisfaction and emptiness. Others around me may have been oblivious to what I was going trough because I had a tremendous zest for life. Moreover, from my personal circumstances you would think that I should be very happy with my life. I was living comfortably with my wonderful wife and two boys in a house we owned. I was in my successfully in my career as one of the top executives in a multinational company In short I was living the good life.

But deep down I was unhappy. beyond the need to make a living and provide for my family and our future, I found no meaning no purpose in life. I asked myself,’ is this what is all about?”

I was not short on religion. My family and I attended church regularly but my church attendance was driven only by sense of obligation. It gave me a warm felling for about ten minutes or so, but after wards, life was back to its meaningless routine: work, work,work. father hood to my to boyswas a chore and husband to my wife was a battle.

To combat this sense of desperation, I would often join my fellow executive, roaming from one bar to another, drinking until the wee hours of the morning. It was fun while it lasted but of course, when I got home, my wife and i would quarrel.

I was also dishonest in many of my dealing. I broke the law when it suitted me. I did what was advantageous for me even if I had to cross legal or ethical boundaries.

The immense success of science is traced to the way it seeks, finds and tests knowledge. More valuable than any of its discoveries are its effective methods, which make still greater achievements possible.

The true scientific investigator never jumps at conclusions, never takes anything for granted,never considers his judgments better than his information, and never substitute opinion or long establish belief for facts. No matter how plausible a given statement be or how logical a proposed explanation of it may seem, it must be treated merely as a supposition until it has been proven true by searching tests. moreover, those tests must be of such that other scientist can repeat them and of such nature that others repeating them will inevitably come to the same conclusion. Only is this manner can a body of dependable scientific knowledge be built up.

Since ten years old I like sewing. From the first time our teacher teach us to stitch. Even she is still teaching us the basics. I read our book immediately. My co-student were still on the basic stitchings, but I already had practice all the kind of stitches.

So when our teacher asked us to stitch a dress for a Barbie Doll that was easy for me. Before she had told us to do so, I already made a dress for my doll. A night dress, a pants, underwear’s, and skirts. So when our teacher asked us to do so. I decided to try making gown. A wedding gown, I asked my mother to get a left over textile from my grandmother who is a dressmaker. A month before her niece asked her to make her a wedding gown. So when the passing day of my projects come. My teacher can’t believe that I’m the one who stitch the dress. She even asked me to tell my mother to come in our school and meet her. My mother said that I really made the clothes. I also told my teacher if she wants so I could stitch in front of her just to prove that I really create that clothes. She believes me, and gave the highest grade among our classmates.

Rescissible contracts are validly agreed upon but may be rescinded in the cases established by law by reason of lesion Or economic prejudice. Contracts are considered undertaken in fraud of creditors when the creditor cannot collect the claims due them. Another case is when the debtor alienates properties by gratuitous titles through donations and fails to reserve sufficient property to pay all debtors before making the donation. Alienations by onerous title are also presumed fraudulent when made by persons against whom judgment has been rendered in any instance or some writ of attachment has been issued. The decision or attachment need not refer to the property alienated, and need not have been obtained by the party seeking the rescission. In addition to these presumptions, the design to defraud creditors may be proved in another manner recognized by the law of evidence. Courts have the duty to scrupulously examine transfers of property between close relatives. Relatives, especially those who sleep together (such as spouses), have excellent “means, motives and opportunities” to perpetrate fraud on creditors. In many instances, some jurisdictions have found that the existence of a spousal relationship provides an adequate basis to show fraud and nullify the conveyance.
Certain transfers declared to be fraudulent are not merely rescissible but void. Except for a valuable pecuniary consideration made in good faith, any sale or transfer (including mortgage, pledge, payment, and assignment) of property of whatever character made by the insolvent within one month before the filing of a petition for insolvency shall be void . If any transfer is made in the usual and ordinary course of business of the debtor, or if such seizure is made under a judgment, which the debtor has confessed or offered to allow, that fact shall be prima facie evidence of fraud. If the debtor, being insolvent or about to be insolvent, transfers or conveys any part of his property one month before the filing of the insolvency petition with a view of preventing the said property from being distributed ratably among his creditors, such conveyance or transfer will be void.
The fact that the contract price was six times the alleged going rate does not invalidate it. This “badge”, along with a few others, does not establish simulation of the contract. A fictitious and simulated agreement lacks consent that is essential to a valid and enforceable contract. A contract is simulated if the parties do not intend to be bound at all (absolutely simulated), or if the parties conceal their true agreement (relatively simulated). The legal presumption is always on the validity of contracts . But bear in mind that the apparent gross and enormous disproportion between the stipulated price in each deed of P1.00 plus unspecified services and the valuable real estate sold worth at least P 10, 500.00 demonstrates the false and fictitious consideration, thus, these two deeds are not only voidable but void ab initio (Bagias, supra). No badges of fraud were found when individuals literally relied, albeit mistakenly, on a provision of its contract with other parties when they rescinded the contract to sell extra judicially and sold the property to a third person.